M

Mr. Dubey • 52.30K Points
Coach 

Q. Which of the following is the starting point for an entity accounting in accordance with IFRSs?

(A) the date when the decision about adopting ifrs has been made
(B) the date of issuance of the first financial statement in accordance with ifrs
(C) the date of transition to ifrss
(D) the date when the explicit and unreserved statement of compliance with ifrss has been made

Correct Answer - Option(C)

Share

Discusssion

Login to discuss.

Related Posts

Q. Amalgamation is done for ………….

Q. Unsecured debentures are otherwise known as……. Debentures

Q. Under Ind AS 12 a temporary difference is defined as

Q. Profit earned after acquisition of share is treated as:

Q. When shares originally issued at discount are forfeited, the discount in respect of them is to be ‐‐‐‐‐‐‐

Q. Which of the following is not a component of a Statement of Financial Position?

Q. ……………….is the amount payable by the purchasing companies to the vendor company for taking over the business of vendor company.

Q. The Insurance Act came in to effect in …..

Q. Fair value of a share is equal to ___________.

Q. Loss on realisation is transferred to …………..

View All Posts